Saudi Arabia & Switzerland: DTA negotiations ongoing

Switzerland and the United Kingdom have concluded negotiations on a modernised free trade agreement, Swiss President Guy Parmelin and UK Secretary of State for Business and Trade Peter Kyle announced during a meeting in Bern on 13 July. The

Canada and Saudi Arabia have launched negotiations on a bilateral income tax treaty, following an announcement by the Canadian Prime Minister's Office on 9 July 2026. This initiative was announced as part of a broader economic strategy to unlock

Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has announced on 29 June 2026  the Minister of Finance’s decision to extend the "Cancellation of Fines and Exemption of Financial Penalties Initiative" for taxpayers subject to all tax

Malaysia’s Ministry of Finance announced on 27 June 2026 that Malaysia and Switzerland have completed the second round of negotiations to amend the 1974 tax treaty, held from 22 to 25 June 2026. The negotiation is aimed at modernising their

Bahrain issued Law (32) of 2026 on 14 June 2026, approving the ratification of the income tax treaty with Saudi Arabia. Signed on 3 December 2025, the provisions of the agreement apply to Bahrain corporate income tax as well as Saudi Zakat and

Switzerland's parliament has approved a constitutional amendment that will allow an increase in Value Added Tax (VAT) rates from 2028 to help finance the country's newly introduced 13th monthly pension payment under the Old-Age and Survivors'